Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | How does National Pension Scheme work?    </title>
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-The Economic Times





Anyone between 18 and 55 years can join National Pension Scheme.





There are three intermediaries: A point of presence to collect funds, a fund manager to handle investments based on your decision and a record-keeper to keep track of..."/>
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-The Economic Times





Anyone between 18 and 55 years can join National Pension Scheme.





There are three intermediaries: A point of presence to collect funds, a fund manager to handle investments based on your decision and a record-keeper to keep track of..." />
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Anyone between 18 and 55 years can join National Pension Scheme.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There are three intermediaries: A point of presence to collect funds, a fund manager to handle investments based on your decision and a record-keeper to keep track of your investment.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">You can select your fund manager from a list of seven - UTI, LIC, SBI, IDFC, ICICI Prudential, Kotak Mahindra and Reliance Capital. Annual portability is allowed free of cost.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">You can choose the investment mix between equity (high risk with high returns), mainly debt (medium risk and returns) and pure debt or G (which offer low returns but very little risks). Equity investment is capped at 50%.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is also an Auto Choice, where the debt-equity mix varies, depending on the age of the subscriber. The investment option can be changed annually The government now intends to introduce a scheme offering minimum guarantee.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is no annual investment ceiling although you have to invest at least 6,000.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The funds are locked in till you are 60 years and on retirement, you are entitled to a lump sum payment, with at least 40% used to buy annuities that will earn a monthly pension.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The only leeway is that an individual can withdraw 25% of the contribution before he or she turns 60.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is also a Tier-II scheme, which gives you the option to withdraw funds as and when you want. But for that you have to mandatorily have a Tier I account.</div>                                                           
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    <br><a href="http://economictimes.indiatimes.com/personal-finance/savings-centre/savings-news/how-does-national-pension-scheme-work/articleshow/16680512.cms" class="re" target="_blank">The Economic Times, 5 October, 2012, http://economictimes.indiatimes.com/personal-finance/savings-centre/savings-news/how-does-national-pension-scheme-work/articleshow/16680512.cms</a><div class="clear"></div>
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Anyone between 18 and 55 years can join National Pension Scheme.





There are three intermediaries: A point of presence to collect funds, a fund manager to handle investments based on your decision and a record-keeper to keep track of..."/>
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Anyone between 18 and 55 years can join National Pension Scheme.





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    <h1 class="cat-box-title">How does National Pension Scheme work?</h1>
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Anyone between 18 and 55 years can join National Pension Scheme.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There are three intermediaries: A point of presence to collect funds, a fund manager to handle investments based on your decision and a record-keeper to keep track of your investment.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">You can select your fund manager from a list of seven - UTI, LIC, SBI, IDFC, ICICI Prudential, Kotak Mahindra and Reliance Capital. Annual portability is allowed free of cost.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">You can choose the investment mix between equity (high risk with high returns), mainly debt (medium risk and returns) and pure debt or G (which offer low returns but very little risks). Equity investment is capped at 50%.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is also an Auto Choice, where the debt-equity mix varies, depending on the age of the subscriber. The investment option can be changed annually The government now intends to introduce a scheme offering minimum guarantee.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is no annual investment ceiling although you have to invest at least 6,000.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The funds are locked in till you are 60 years and on retirement, you are entitled to a lump sum payment, with at least 40% used to buy annuities that will earn a monthly pension.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The only leeway is that an individual can withdraw 25% of the contribution before he or she turns 60.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is also a Tier-II scheme, which gives you the option to withdraw funds as and when you want. But for that you have to mandatorily have a Tier I account.</div>                                                           
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Anyone between 18 and 55 years can join National Pension Scheme.





There are three intermediaries: A point of presence to collect funds, a fund manager to handle investments based on your decision and a record-keeper to keep track of..."/>
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    <h1 class="cat-box-title">How does National Pension Scheme work?</h1>
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Anyone between 18 and 55 years can join National Pension Scheme.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There are three intermediaries: A point of presence to collect funds, a fund manager to handle investments based on your decision and a record-keeper to keep track of your investment.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">You can select your fund manager from a list of seven - UTI, LIC, SBI, IDFC, ICICI Prudential, Kotak Mahindra and Reliance Capital. Annual portability is allowed free of cost.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">You can choose the investment mix between equity (high risk with high returns), mainly debt (medium risk and returns) and pure debt or G (which offer low returns but very little risks). Equity investment is capped at 50%.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is also an Auto Choice, where the debt-equity mix varies, depending on the age of the subscriber. The investment option can be changed annually The government now intends to introduce a scheme offering minimum guarantee.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is no annual investment ceiling although you have to invest at least 6,000.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The funds are locked in till you are 60 years and on retirement, you are entitled to a lump sum payment, with at least 40% used to buy annuities that will earn a monthly pension.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The only leeway is that an individual can withdraw 25% of the contribution before he or she turns 60.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There is also a Tier-II scheme, which gives you the option to withdraw funds as and when you want. But for that you have to mandatorily have a Tier I account.</div>                                                           
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Home हिन्दी

How does National Pension Scheme work?

Published on Oct 5, 2012   Modified on Oct 5, 2012

-The Economic Times Anyone between 18 and 55 years can join National Pension Scheme. There are three intermediaries: A point of presence to collect funds, a fund manager to handle investments based on your decision and a record-keeper to keep track of your investment. You can select your fund manager from a list of seven - UTI, LIC, SBI, IDFC, ICICI Prudential, Kotak Mahindra and Reliance Capital. Annual portability is allowed free of cost. You can choose the investment mix between equity (high risk with high returns), mainly debt (medium risk and returns) and pure debt or G (which offer low returns but very little risks). Equity investment is capped at 50%. There is also an Auto Choice, where the debt-equity mix varies, depending on the age of the subscriber. The investment option can be changed annually The government now intends to introduce a scheme offering minimum guarantee. There is no annual investment ceiling although you have to invest at least 6,000. The funds are locked in till you are 60 years and on retirement, you are entitled to a lump sum payment, with at least 40% used to buy annuities that will earn a monthly pension. The only leeway is that an individual can withdraw 25% of the contribution before he or she turns 60. There is also a Tier-II scheme, which gives you the option to withdraw funds as and when you want. But for that you have to mandatorily have a Tier I account.

The Economic Times, 5 October, 2012, http://economictimes.indiatimes.com/personal-finance/savings-centre/savings-news/how-does-national-pension-scheme-work/articleshow/16680512.cms

Tagged with: Pension

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